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The Pay Works Limited

04584510

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

36 DOWNEND ROAD, NEWCASTLE UPON TYNE, NE5 5NE
Incorporated 07/11/2002

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 29/10/2025

Due 12/11/2026

On track

Industry

69202
Bookkeeping activities

Officers

Sheila Wilson

secretary · Since 19/02/2007

BRITISH · Age 74

Also on 2 other boards

Barbara Creed

director · Since 19/02/2007

ACCOUNTANCT

BRITISH · UNITED KINGDOM · Age 71

Also on 4 other boards

CompanyRankvs 4009+ SIC 69202 peers
69

Financial strength55th percentile among SIC peers · 14/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 3.16× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£4k

Current Liabilities

£1k

1avg. employees

Balance Sheet

Assets less current liabilities£3k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20253.16+£379
20242.61+£61
20232.82-£340
20222.77+£63
20213.07+£150
20202.96-£320
20193.06+£278
20173.93

Derived from filed accounts. Not audited figures.